Stephanie Ruhle
speaker
1,137 appearances
8 recordings
6 series
first heard Dec 2024
last heard 12 Jun
Stephanie Ruhle’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 4 in all, peaking in Jun 2026 with 2.
Appearances
And that is when you say, oh, when people talk about American oligarchy, that's right there. So those two categories of people on the inner circle who believe they can convince them otherwise or those who are personally banking so much money, they're just going to build a moat around their castle and say, damn the rest of us.
Yes. A hundred percent. And when you, when you think about what over the weekend, when, when, when we thought, you know, suddenly, uh, Apple and, um, These other tech businesses are going to get the exemption. When I talk to other business people, immediately they're like, damn, who are our lobbyists? How do we get to Mar-a-Lago?
And as confusing as Trump's messaging has been, he's had one consistent message to him. I've got my views, but I'm flexible. Come on down to Mar-a-Lago and maybe we can make a deal. And that's what it is. Right. We even I've talked about this before. The five million dollar one on one meeting you can have with him. The one on one candlelight dinner you can go to at Mar-a-Lago.
And each of those people in the tech universe are vying to stay closer and closer to him. You know, people have said, like, why does Jeff Bezos even want to own The Washington Post? He's not interested in it. Jeff Bezos owning the Washington Post is the most valuable thing he can do to stay close to Trump.
Because as much as Trump likes lining his pockets with money, which tons of people are willing to do for him, he cares so, so much about the press. He cares so, so much about what the Washington Post has to say about him. And Jeff Bezos having any ability or an outsized ability to influence that media outlet, that's a huge value to Trump. And we see Trump is about what is in it.
How does this advantage him? And that's how he makes decisions.
He's got, you know what though, Tim? Shame on them. Totally. Especially Wall Street guys. They knew him. So when we've had to watch Howard Lutnick say, let Trump be the business guy that he is, art of the deal. Yeah, that's what he's doing. And any person who works at any investment bank in New York knows exactly the business guy that he was, right?
When he was in business, when he was in business, Jimmy Morgan didn't do business with him. Goldman Sachs didn't do business with him. Morgan Stanley didn't. My bank, Deutsche Bank, compared to those banks is like the dog track of banks. They were willing to do business with him and find a contractor, find a counterparty. He never stood up to his deals, right? Never.
I remember years ago talking to a hedge fund manager who he did some kind of deal with Trump. I don't remember what it was. And the day after the deal closed, I remember telling you the story. Trump said, let's say this guy was making 50 million and Trump was making 10. Trump said, can we reverse those numbers for the New York Post? And the guy's like, what?
All Trump cared about was the headline. And the other guy was like, yeah, as long as I'm getting the money, as long as you're getting diluted. And most of the companies that Trump ran, at the end of the day, he was diluted down to only owning 2% and having his name on the door. But he didn't actually own any of them. It was all about bluster and show.
And so now here you have a person, the leader of the free world, you know, negotiating these deals. Just yesterday, he said, like, we want China to make a deal with us. If you're the person with the strong hand, why are you begging the other one to come to the table? And this is what has people so worried. Can they trust what he's saying?
For Wall Street, you can actually make a ton of money in volatile markets, right? You can buy and sell no sweat. In a recession, you can bet against the market. But Tim, if you ran any sort of business, how on earth would you plan? Today, United Airlines put forward guidance, two separate lanes. Here's what guidance would look like if we face the tariffs.
Here's what it would look like if we won't. Because under what Trump is doing, we actually have a strong, stable economy. It's why things have moved so much, because they're like, if only he would just get back in the ring, we could be OK. But there's no sign of him doing that.
Companies are either pulling guidance entirely because they don't know what's ahead. Or now we're seeing like United, they're giving two outlooks. But think about the last week. Jamie Dimon said, we got a rocky road ahead. Larry Fink said, we may already be in a recession. Goldman has adjusted their GDP outlook to basically zero for 2025. And all of that falls squarely on Donald Trump.
And something I would connect this to, you talk about young voters all the time. Think about all the support Donald Trump had, especially from young men. We've seen that support plummet. And you know why? Because, yeah, they wanted to end wokeness and they wanted to be the men that they were again until they realized, oh, no, the most important thing is the economy.
And suddenly, with rates where they are, if I need almost 500 grand for my first home, I don't have money like that.
If suddenly all the businesses I want to work at, the graduate degree I want to get, the research job I want to get is gone, suddenly they don't care so much about Trump ending wokeness, half of which wasn't even true, because you're actually seeing our concrete economy, our place in the world as a superpower, start to be in question.
Because tariffs, especially in the way that he's rolling them out, are the most restrictive rules. And when you've got a White House that does not have a unified message, I mean, let's just be honest. You've got Scott Besant saying something different from Howard Lutnick. You've got Trump saying on Sunday, right, when everybody was like, couldn't wait to go buy tech stocks. Oh, my goodness.
The exemption parade is coming. Howard Lutnick goes on television and says, oh, those tech exemptions, they're probably going to only last a month. When that happened, my phone was ringing off the hook from guys like, he's, Lutnick's going to get fired, right? He's off the rails. He's not our message. And then two hours later, Trump's like, nobody's off the hook.
And so this has people with their heads just spinning, like pick a lane, bro, and go with it.
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